News

EPA Won’t Increase Geothermal Efficiency Levels for Energy Star Rating

Good news for the U.S. geothermal heat pump industry. The Geothermal Exchange Organization (GEO) recently learned that the U.S. Environmental Protection Agency (EPA) will not be increasing the efficiency standards for geothermal heat pumps (GHPs) listed in the Energy Star Program.  Over the past several months GEO President and CEO Doug Dougherty has participated in […]

Maryland PSC Order Redefines Energy Efficiency

Aug. 5 – A Maryland Public Service Commission decision in late-July set a 2% energy efficiency goal by 2020 for the five largest utilities in the state. The goal puts the state in the lead for energy efficiency targets. The order gives utilities 5 years to reach the target. “Maryland regulators found the lifecycle cost […]

GEO Speaks at IGSHPA

Editor’s Note – The following is an edited version of a Keynote Address by Geothermal Exchange Organization (GEO) Chairman Steve Smith (Enertech Global) on Oct. 7 at the Opening Session of the International Ground Source Heat Pump Association (IGSHPA) 2015 Conference & Expo in Kansas City, MO. What I bring to you today is a […]

GEO Presents at IGSHPA

Along with a keynote address by Geothermal Exchange Organization (GEO) Board Chairman Steve Smith (Enertech), over a third of technical and other presentations at the IGHSPA 2015 Conference & Expo were provided by members of the GEO. These included the following sessions presented by representatives of the GEO Board of Directors and researchers working directly […]

Washington Update

July 14 – The Senate Finance Committee plans to mark up a bill on July 21 to extend corporate tax benefits that expired in 2014 and those that will expire at the end of this year, including those that benefit the geothermal heat pump (GHP) industry. Among other things, they include: Bonus depreciation that allows […]

Senate Dems Offer Tax Credit Extension Bill

July 14 – Sen. Brian Schatz (D-HI) and co-sponsors Sen. Martin Heinrich (D-NM), Dianne Feinstein (C-CA), Cory Booker (C-NJ), Al Franken (D-MN) and Sheldon Whitehouse (D-RI) introduced legislation to extend the Sec. 25D Residential Energy Efficiency Property Credit for five years beyond its sunset date of Dec. 31, 2016.The tax credit applies to residential rooftop […]

GEO Joins Investment Tax Coalition

July 10 – The Geothermal Exchange Organization (GEO) joined over 30 companies and associations in signing a letter from the Investment Tax Coalition to the Senate Finance and House Ways and Means committees. The letter asks for a five-year extension of the Sec. 48a Investment Tax Credit (ITC) as they consider business “tax extenders” (pg. […]